Inspiring Talent During Tough Economic Times

One day the pundits say the economy is getting better, the next day it’s getting worse. So whom do you believe? No one really knows. But for the employees who work at your Houston company, this constant uncertainty breeds fear. What’s worse is that if your firm has experienced layoffs in the recent past, then you are more likely to lose top performers in the near future.

Why is that?

Because when a company suffers layoffs, many times, top performers become demoralized and overworked – and eventually leave in search of greener pastures. Don’t let this happen!

So how can you retain and inspire your hard working team? Here are some steps to follow:

Be open.
When times get tough, people tend to draw their own conclusions if they don’t have any other information to go on. Even if you have some bad news to share, it’s better to be forthcoming than to withhold the information.

Involve employees in creating solutions.
It’s time to rally the troops and enlist them in developing solutions. Have a meeting about the biggest challenges your company faces over the next year and invite employees to develop some solutions.

Know that actions speak louder than words.
Your employees are going to begin to doubt your credibility if you keep telling them that things are looking up, but then operate as if the sky is falling.

Meet with employees one-on-one.
Review the current situation with each employee individually and lay out the challenges and opportunities you see for them ahead. Also be sure to clearly outline your expectations of them. If you see layoffs in the future, let your employees know specifically what they can do to help offset them.

Provide market pay.
While it may not seem like a good time to be handing out raises, you may run into big problems if you’re under-compensating your employees. Honestly evaluate your pay and benefits to make sure you’re offering a competitive package – particularly to your top performers.

Celebrate successes.
Make sure that you celebrate important milestones with your employees. Doing so will create an environment of positive reinforcement.

During times of crisis, true leaders emerge. It may seem easier to sit back and let events take their course. But, in the process, your team may fall apart. Now is the time to step up, inspire, and re-energize your team!

If you have any questions about managing employees during tough times, please contact Murray Resources. As a leading employment agency serving Houston, TX, Murray Resources can help you develop a retention plan for inspiring and retaining your top talent. Contact Murray Resources today to learn more.

Inspiring Talent During Tough Economic Times

One day the pundits say the economy is getting better, the next day it’s getting worse. So whom do you believe? No one really knows. But for the employees who work at your Houston company, this constant uncertainty breeds fear. What’s worse is that if your firm has experienced layoffs in the recent past, then you are more likely to lose top performers in the near future.

Why is that?

Because when a company suffers layoffs, many times, top performers become demoralized and overworked – and eventually leave in search of greener pastures. Don’t let this happen!

So how can you retain and inspire your hard working team? Here are some steps to follow:

Be open.
When times get tough, people tend to draw their own conclusions if they don’t have any other information to go on. Even if you have some bad news to share, it’s better to be forthcoming than to withhold the information.

Involve employees in creating solutions.
It’s time to rally the troops and enlist them in developing solutions. Have a meeting about the biggest challenges your company faces over the next year and invite employees to develop some solutions.

Know that actions speak louder than words.
Your employees are going to begin to doubt your credibility if you keep telling them that things are looking up, but then operate as if the sky is falling.

Meet with employees one-on-one.
Review the current situation with each employee individually and lay out the challenges and opportunities you see for them ahead. Also be sure to clearly outline your expectations of them. If you see layoffs in the future, let your employees know specifically what they can do to help offset them.

Provide market pay.
While it may not seem like a good time to be handing out raises, you may run into big problems if you’re under-compensating your employees. Honestly evaluate your pay and benefits to make sure you’re offering a competitive package – particularly to your top performers.

Celebrate successes.
Make sure that you celebrate important milestones with your employees. Doing so will create an environment of positive reinforcement.

During times of crisis, true leaders emerge. It may seem easier to sit back and let events take their course. But, in the process, your team may fall apart. Now is the time to step up, inspire, and re-energize your team!

If you have any questions about managing employees during tough times, please contact Murray Resources. As a leading employment agency serving Houston, TX, Murray Resources can help you develop a retention plan for inspiring and retaining your top talent. Contact Murray Resources today to learn more.

Management Best Practices: Providing Constructive Feedback

The job of every manager is to provide their employees with the tools they need to be successful and thrive. One of the best things you can do as a manager, is provide your employees with honest, constructive feedback. Developing proficiency in this area is essential to building good relationships with and motivating your team. To help get you started, here are four tips for providing feedback the right way:

1. Be proactive. Nip issues in the bud and avoid messy interpersonal tangles that result from neglected communication. If you meet with employees regularly to give feedback, it conveys, “Your success is important to me, so I want to be accessible to you.”
2. Be specific. Although it’s not easy to provide negative feedback, it’s important to be as clear as possible by giving specific examples that illustrate your point. Instead of saying, “Your attitude is bad,” say, “When you miss deadlines, then cross your arms and look away when I discuss it with you, it gives me the impression that you don’t care about the quality of your work. Can you help me understand this behavior better?”
3. Develop a progress plan. Be clear about the specific changes in behavior that you expect in a specific period of time, and follow up as scheduled.
4. Link employees’ performance to organizational goals. Reinforce the value of your employees’ contributions by giving specific examples of how their work and positive behaviors serve the organization and its customers.

If you’re looking for more great ideas to spark performance in your team please give Murray Resources a call. As Houston’s leading Staffing and Recruiting Agency we can help ensure you get the best return on your human capital investment.